| Again, I am not complaining, but you would think that with all the wars and uncertainty in the Middle East, the possibility of shutting down the Strait of Hormuz, our biggest allies in the Gulf being under attack ... I would have expected the markets to be significantly down this week, but they aren't. What gives? Is a crash imminent? |
| I dunno man, I've been expecting the market to crash for two years now. I'm not an economist or financial markets guy so best guess is that while the job market is softening and layoffs are increasing some combination of chicanery, rate manipulation, and the proverbial "if coyote runs off the cliff he keeps going until he looks down" is keeping the stock market going while life is getting increasingly worse for the average American. Since AI seems to be crucial to floating the whole thing this trend may become exaggerated if AI ends up generating a ton of value and that value gets increasingly concentrated in fewer hands while everyone else gets more layoffs. |
| For some things the craziness of Trump has already been priced in. |
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Financial experts don’t know either. But I have excellent pattern recognition (and I am old) and this all feels like 2008.
When the fundamentals aren’t there and experts have been calling for “a correction” for years - I’m just waiting. Everyone needs to remember these same aholes on Wall Street caused 2008. Everything was “fine” until one weekend in September and then Lehman was out of business. |
It’s nothing like 2008. I posted this on another thread. Stocks can’t fall now, indexes and algos will always jump to prop it up at any drop. Look at last 3 days. Most returns are made on a few key days, people are terrified to miss them so don’t sit out for long. It’s called the Best Days Theory or something like that. Algorithms are constantly trying to game buying to maximize on those days, and they usually come after drops. |
Yup, reminds me so much of Margin Call (great movie): "I'm here to guess what the music might do a week, a month, a year from now. That's it. Nothing more. And standing here tonight, I'm afraid that I don't hear a thing. Just...silence." |
Really? How so. Other than everything-seemed-fine-but-then-it-wasn't. |
"They can't fall now" Just incredible stuff. Every time people think it's different, this time it won't happen. |
+1. This is what I was thinking but couldn't put it in words. All I could do was roll my eyes. |
HAHAHA! People were watching that train wreck starting in 2003. |
| Iran will settle down eventually and market will return to its high. Expect the year to end flat. Which isn't bad. People know this isn't WWIII. |
| Investors realized that TDS is not a winning strategy. |
| The coyote hasn't looked down yet. |
This is my suspicion. Look how long it has taken the oil price to rise. And there could be some way to go. Once that feeds through to inflation things will kick off. |
“Sell it all. Today.” |